Raw material shortages usually benefit
A) new entrants
B) consumers
C) buyers
D) suppliers

Name: Raw material shortages usually benefit A) new entrants B) consumers C) buyers D) suppliers
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Raw material shortages could drive up prices, further benefitting the suppliers who are able to secure the scarce resources. As a result, suppliers are the ones who benefit from raw material shortages as they can sell the materials at a premium price.

Raw Material Shortages Usually Benefit